Scottie Resources Reports Intersect Of 11.8 g/t Gold Over 6.57 Metres

Scottie Resources (TSXV: SCOT) this morning released the latest assay results for its Scottie Gold Mine project in British Columbia, north of Stewart. The latest results come from a 14,500 metre drill program conducted by the company.

Results from a total of three drill holes were released this morning, with the highlight hole, SR21-094, intersecting 11.8 g/t gold over 6.57 metres at a depth of 58.84 metres. The assay includes 20.2 g/t gold over 3.76 metres.

Additional results released this morning include:

  • SR21-095: 2.20 g/t gold over 10.09 metres, and 37.2 g/t gold over 3.71 metres
  • SR21-096: 2.59 g/t gold over 7.84 metres, 8.08 g/t gold over 5.00 metres, and 20.6 g/t gold over 2.22 metres

The firm views the results as pointing to the “potential for the expansion of the historic resource,” while also pointing to the potential contained within untested targets on the property. The firm is currently looking to establish a one million ounce resource at the historic gold mine.

Scottie this morning also indicated that Stephen Sulis has been reappointed as the CFO of the company, while Lisa Peterson, whom presently held the role, will be leaving the company for undisclosed reasons.

Scottie Resources last traded at $0.185 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Related News

Millennial Precious Metals Hits 4.54 g/t Gold Over 54 Metres In Initial Drilling

Millennial Precious Metals Corp. (TSXV: MPM) announced today the inaugural assay results of its 12...

Wednesday, June 16, 2021, 08:17:34 AM

Canaccord Revises Estimates For Eldorado Gold, Maintains Ratings

Eldorado Gold (TSX: ELD) reported their second quarter financials recently. The company produced 116,066 ounces...

Monday, August 9, 2021, 04:49:00 PM

Nighthawk And Moneta To Merge To Create Gold Developer

Consolidation continues within the junior mining space, with Nighthawk Gold (TSX: NHK) and Moneta Gold...

Tuesday, November 28, 2023, 08:14:16 AM

Canagold Resources: Promising Initial Drilling Results at New Polaris Gold Project

On July 6, Canagold Resources Ltd. (TSX: CCM) announced high-grade assay results from the first...

Thursday, July 8, 2021, 12:39:00 PM

O2Gold Intersects 20.11 g/t Gold Over 0.7 Metres At Aurora

O2Gold (TSXV: OTGO) last night reported on its first drill results from its Aurora Property...

Tuesday, September 21, 2021, 08:17:50 AM